( TRB/USDT) Here's an updated analysis with key levels, targets, and stop-loss levels:
Key Levels:
Support Level: 92.82 – This recent low could act as support if there’s a pullback.
Resistance Level: 110.00 – The 24-hour high at 110.00 is a key resistance level. A breakout above this could signal further upside momentum.
Recent High: 110.00
Recent Low: 92.82
Target Levels:
First Target: 110.00 – If the price breaks above 92.82, the next resistance is 110.00, which could be a key level to target for profit-taking.
Second Target: 112.72 – If momentum continues past 110.00, 112.72 could act as the next level of resistance.
Stop-Loss Levels:
Primary Stop-Loss: 92.82 – Set a stop around 92.82 to protect from any downside if the price falls below this support.
Secondary Stop-Loss: 90.00 – A more conservative stop-loss, giving the price some room while limiting risk if there is a deeper pullback.
Summary:
Target Levels: 110.00 and 112.72
Stop-Loss: 92.82 (primary), 90.00 (secondary)
Trend Outlook:
The 87.14% increase in price over the 24-hour period indicates strong bullish momentum. However, ensure that the price holds above 92.82 to maintain the uptrend. If it reverses, the levels mentioned should help manage risk effectively.
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